{"id":17282,"date":"2020-02-20T10:33:51","date_gmt":"2020-02-19T23:33:51","guid":{"rendered":"https:\/\/www.bullhorn.com\/au\/?p=17282"},"modified":"2020-02-20T15:06:44","modified_gmt":"2020-02-20T04:06:44","slug":"why-diversity-inclusion-vital-agency","status":"publish","type":"post","link":"https:\/\/www.bullhorn.com\/au\/blog\/why-diversity-inclusion-vital-agency\/","title":{"rendered":"Why Diversity and Inclusion Strategies are Vital to Your Agency"},"content":{"rendered":"

Having a diverse workforce makes business sense. We know it, you know it, and your clients know it. Companies which mirror their customer base perform better than those that don\u2019t.\u00a0<\/span>Research<\/span><\/a> by the Centre for Gender Economics and Innovation and Infinitas Asset Management, for example, reveals that businesses with gender-diverse boards perform more than 7 <\/span>per cent <\/span>better than those with all-male boards.<\/span><\/p>\n

Despite this, the \u2018usual suspects\u2019 still make up large proportions of corporate boards. But could things be changing? And what opportunities does this present your agency?<\/span><\/p>\n

A Desire For Change<\/h3>\n

Diversity is at the forefront of the culture, and the recent same-sex marriage legislation suggests that diversity and inclusion are becoming ever more important. There are also significant signs of change in the corporate world.<\/span><\/p>\n

The Workplace Gender Equality Agency\u2019s <\/span>research<\/span><\/a> suggests that there have been advances in employers\u2019 efforts to attract and, crucially, retain women. The report also reveals that more organisations are carrying out gender pay gap analyses, offering flexible working arrangements and managers are increasingly being made accountable for gender equality outcomes. \u00a0Clearly, though, there is more to be done.<\/span><\/p>\n

Diverse Businesses Win the War for Talent<\/h3>\n

However, with new research revealing that diversity and inclusion could significantly help address skills shortages, there are clearly more advantages to be had than increasing profitability alone. The Future of Talent\u00a0<\/span>report<\/span><\/a>, compiled by Chartered Accountants Australia and New Zealand and PwC reveals that seventy-seven percent of CEOs are worried about how skills shortages will impact future growth.<\/span><\/p>\n

However, they also believe that they are probably searching for skills too narrowly and diversity and inclusion could offer significant gains. \u00a0The report states that: <\/span>\u201cDiversity and inclusiveness is no longer a feel-good HR sideline \u2013 it is key to accessing the widest pool of candidates, whether that be older workers, workers with carer responsibilities, people with a disability or any other element of difference.\u201d<\/span><\/i><\/p>\n

So if business leaders acknowledge that attracting diverse skills is vital for success, but many aren\u2019t doing enough to tap into disparate talent pools, your agency is in a prime position to add strategic value in this area.<\/span><\/p>\n

Your Agency\u2019s Role as a Strategic Advisor<\/h3>\n

Consequently, you need to be able to identify where these diverse talent pools are and create added value content that addresses the interests of each demographic. \u00a0And act as a strategic partner when it comes to diversity and inclusion \u2013 think about what content you can create for your clients which gives examples of diversity best practice based on the work you have done with other companies. You want to be viewed as an extension of your clients\u2019 businesses, and not just a supplier so address the pain points they face.<\/span><\/p>\n

Is Your Agency Diverse?<\/h3>\n

As Australian businesses battle to become more inclusive, the opportunities to add real value, position yourself as a strategic advisor and win more business, are plentiful. \u00a0Supplier diversity is becoming a key factor when it comes to choosing a recruitment partner.<\/span><\/p>\n

Consequently, your agency must be able to demonstrate an inclusive culture. Ask yourself how diverse your agency is and if you can\u2019t show that you are taking steps to mirror the diversity initiatives of your clients, you may very well find yourself missing out on business opportunities. Are you practicing what you preach?<\/span><\/p>\n

\n

Want to learn more about what other strategies you can put in place to add value to your business? Subscribe to our blog<\/a> to get the latest updates!\u00a0<\/span><\/i><\/p>\n\"\"<\/a>\n","protected":false},"excerpt":{"rendered":"

Having a diverse workforce makes business sense. Has your recruitment agency adapted?<\/p>\n","protected":false},"author":145,"featured_media":17283,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[556],"tags":[],"class_list":["post-17282","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tips-tricks-and-how-tos"],"acf":[],"yoast_head":"\nWhy Diversity and Inclusion Strategies are Vital to Your Agency - Bullhorn AU<\/title>\n<meta name=\"description\" content=\"Having a diverse workforce makes business sense. 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